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Instead of being so hostile toward a word that you've just encountered, how would it be if we were more curious about the concept behind it? Satisficing is a f
by wenc 2y ago
Instead of being so hostile toward a word that you've just encountered, how would it be if we were more curious about the concept behind it?
Satisficing is a form of constraint satisfaction under certainty, which although leads to local optima, can turn out to be more robust to unknowns.
Optimization assumes a correct model of the world, and that we can find a point within that model that gives us the best trade-offs (optimum).
But our models of the world are often incomplete or wrong. And even if we get to that optimum point, we back ourselves into a corner if the environment ever changes on us.
Instead, iteratively finding a satisfactory solutions that helps us make progress in the right direction is often far more valuable, and more robust to model mismatches to the real world.